Current Affairs Feb 2016 - Appointments


Advertisements


News 1 - Muktesh Kumar Pardeshi is appointed as India’s Envoy to Mexico.

Muktesh Kumar Pardeshi

Senior IFS officer, Muktesh Kumar Pardeshi was appointed as India’s Ambassador to Mexico on January 29, 2016. Pardeshi is an Indian Foreign Service (IFS) officer of the 1991 batch. He was the Joint Secretary (Passport division) in the Union Ministry of External Affairs before this. He has also served as the Deputy Head of Mission at the Embassy of India in Jakarta from 2007 to 2010. During 1993-2001, he worked with the Indian Missions in Mexico, Colombia as well as in Nepal.

News 2 - P Harish is appointed as India’s Envoy to Vietnam.

Harish

The Union Government of India has appointed P Harish on January 30, 2016 as India’s Envoy to the Socialist Republic of Vietnam. Harish is an Indian Foreign Services (IFS) officer of the 1990 batch. He was the Consul General in Houston, United States before taking up this new assignment. He has also been in other top positions like serving in the Indian Missions of Cairo and Riyadh, where he was handling Political, Commercial, Project, Press and Information portfolios.

News 3 - Swati Bhattacharya is appointed as FCB Ulka's Chief Creative Head.

Swati Bhattacharya

Swati Bhattacharya has joined FCB Ulka Advertising as its chief creative head on February 01, 2016. She was the principal partner of Dentsu Mama Labs before this stint. She will replace Sarbir Singh, who resigned in December 2015.

Bhattacharya was with JWT India in the beginning of her career and she served the agency for over two decades. She joined Dentsu in 2014. Her exemplary work for brands like Horlicks, Maggi sauces, Pizza Hut, Pepsi and UNICEF are well admired.

News 4 - Datta Padsalgikar is the new Mumbai Police Commissioner.

Datta Padsalgikar

Datta Padsalgikar is the new Police Commissioner of Mumbai with effect from January 31, 2016. He will replace Ahmed Javed, who is now the Ambassador to Saudi Arabia.

Padsalgikar was a 1982-batch IPS officer from the Maharashtra cadre. He is the 40th police commissioner of the city. He was the Additional Director in the Intelligence Bureau before this police commissioner role. He is not only one of the most senior-most officers in Maharashtra but he also has the image of an honest and non-controversial officer.

News 5 - Dr. Kamlesh Kumar Pandey is appointed as the Chief Commissioner for Persons with Disabilities.

Dr. Kamlesh Kumar Pandey is the new Chief Commissioner for Persons with Disabilities (CCPD) from January 30, 2016. He is appointed for a period of three years. The CCPD is appointed by the Central Government.

Dr. Pandey is a Medical Graduate from Agra University (1990 batch) and has worked with Sewa Bharti, an NGO in the field of rehabilitation of slum dwellers and Akhil Bhartiya Dristihin Kalyan Sangh, an NGO for the visually challenged. Before joining CCPD, Dr. Pandey was with Saksham, an NGO working in the domain of disabilities.

News 6 - Archana Ramasundram is the first woman to become Chief of a Paramilitary Force.

Archana Ramasundram

Ms. Archana Ramasundram was appointed the Director General of the Sashastra Seema Bal (SSB) on February 01, 2016. She is the first woman to become the head of a paramilitary force. She is a Tamil Nadu cadre IPS Officer. She was the Director of National Crime Records Bureau before joining SSB. She will replace Bihar’s 1981-batch IPS cadre A R K Kini. The SSB is the force that guards India's borders with Nepal and Bhutan. Ms. Ramasundram will remain the DG of SSB till 30 September 2017.

News 7 - Saroj Kumar Jha is appointed on a key World Bank position.

Saroj Kumar Jha

India's Saroj Kumar Jha has been appointed the Senior Director at the World Bank’s key department on February 02. 2016. This position is at the Fragility, Conflict and Violence Group of the Bank.

He was World Bank's Global Manager for Disaster Risk Management Practice before being promoted to this position. Mr. Jha studied in the Indian Institute of Technology, Kanpur, and he has enough experience with the Indian government and the United Nations Development Program (UNDP).

News 8 - J K Garg is elected as the MD of Corporation Bank.

J K Garg

Mr. JK Garg has been appointed as the new Managing Director of Corporation Bank from February 01, 2016. He will replace S R Bansal. Mr. Garg was the Executive Director in UCO Bank before joining this position in Corporation bank.

He joined Corporation Bank in 1986. He has experience in the fields, of credit management, recovery, forex, retail banking and managerial administration.

News 9 - Virender Sehwag is appointed as the mentor of Kings XI Punjab.

Virender Sehwag

Virender Sehwag has become the mentor of the Kings XI Punjab team of Indian Premier League (IPL) on February 01, 2016. He will work with coach Sanjay Bangar and will be responsible for motivating and mentoring the team. He has ties with the KXIP team for over two years as a player. Now, he will be associated as their mentor. Sehwag, on his part, said he is looking forward to his new role with the franchise.

News 10 - S N Prasad is appointed as the Marketing Director of CIL.

S N Prasad

SN Prasad has become the Marketing Director for Coal India Limited from February 01, 2016. He replaced B K Saxena. Mr. Prasad was the General Manager (Sales & Marketing) in South Eastern Coalfields Limited, a subsidiary of CIL before getting promoted to this role. Prasad was an officer of sales and marketing discipline all through his career.

He joined CIL in 1982 as a management trainee and has also worked in coal mines as well as corporate offices of the coal companies.

News 11 - SC appoints Lodha Committee to oversee the sale of PACL assets.

PACL

The Supreme Court has conferred an overseeing committee on February 03, 2016 with the lead of Chief Justice RM Lodha to sell the physical assets of Pearls Agrotech Corporation Ltd (PACL). The sale is aimed to reach and refund 49 thousand crore rupees of the investors.

The refund will be made to the public who invested in the company’s collective investment scheme (CIS) that was later found illegal by the Securities and Exchange Board of India (SEBI).

News 12 - Ambiga Dhiraj is appointed as the CEO of Mu Sigma.

Ambiga Dhiraj

Ambiga Dhiraj has been appointed as the CEO of Mu Sigma, a Data Analytics firm on February 03, 2016. Ms. Dhiraj becomes the first ever woman CEO of an IT firm that has assets worth at least $1 billion.

She was the COO of Mu Sigma and joins the position of her husband Dhiraj Rajaram as CEO. Rajaram is scheduled to relocate to the United States to deal with the 'Fortune 500' clients.

News 13 - Major General Jai Shanker Menon is appointed as the United Nations Disengagement Observer Force.

Jai Shanker Menon

India's Major General Jai Shanker Menon will be the Head of Mission and Force Commander of the United Nations Disengagement Observer Force (UNDOF). He was appointed by the UN Secretary, General Ban Ki-moon on February 03, 2016.

As per the United Nations statement, Major General Menon will replace Lt General Purna Chandra Thapa of Nepal. Major General Menon occupied the post of Additional Director, General Equipment Management in the Indian Army. From 2012 - 2013, he was General Officer, Commanding an Infantry Division.

News 14 - Aruna Sethi is appointed as the Head of Indian Cost Accounting Service.

Aruna Sethi

Ms. Aruna Sethi became the head of Indian Cost Accounting Service with effect from February 01, 2016. She was the Principal Adviser (Cost) before joining this position. She is the first woman to head the Indian Cost Accounting Service (ICoAS). Aruna has worked in the Ministries of Consumer Affairs, Corporate Affairs, Finance, Department of Expenditure, Food and Public Distribution, among others.

News 15 - RS Mann is appointed as the Chairman of Punjab Pay Commission.

RS Mann

Punjab Chief Secretary, R S Mann is the new Chairman of the Sixth Punjab Pay Commission. He was appointed by the Chief Minister Parkash Singh Badal with effect from February 3, 2016. The new chairman, Mr. Mann is expected to mandate recommendations about new pay scales for the employees and revision of pension for pensioners of the state government employees. This will be done after having detailed deliberations with the various state employees’ and pensioners’ associations.

News 16 - DJ Pandian is appointed as the Vice president of Asian Infrastructure Investment Bank.

DJ Pandian

Asian Infrastructure Investment Bank (AIIB) has approved appointment of Mr Pandian, Gujarat's former chief secretary, as the vice-president and chief investment officer on February 03, 2016.

AIIB is a 100-million-dollar multi-lateral financing company based in Beijing, China. This bank was established with the view to lend funds for infrastructure projects such as energy, transportation, urban construction and logistics apart from education and healthcare in Asia.

News 17 - Justice R S Reddy is appointed as the Chief Justice of the Gujarat High Court.

R S Reddy

Justice Ramayyagari Subhash Reddy is the new Chief Justice of the Gujarat High Court from February 03, 2016. He will replace Justice Jayant M Patel. Prior to the appointment, Justice Reddy was Judge of the High Court of Judicature at Hyderabad for the States of Telangana and Andhra Pradesh. He has become the first judge to be elevated as the Chief Justice of a High Court since the government had brought into force the National Judicial Appointments Commission Act, which had overturned the collegium system of appointing judges.

News 18 - HL Samariya is now the Central Provident Fund Commissioner.

HL Samariya

Mr. Heera Lal Samariya has been offered the additional charge of Central Provident Fund Commissioner (CPFC). He is a 1985 batch IAS officer from the Telangana cadre. He has been given the charge for three months or till the appointment of a regular commissioner. Mr. Samariya is the Additional Secretary in the Labour Ministry before this. He was promoted from the post of Joint Secretary, Department of Fertilizers, Ministry of Chemicals and Fertilizers. He has previously held top portfolios as being the Director of Madras Fertilizers Limited and has also served as an Independent Director of Indian Potash Limited as well.

News 19 - US General John Nicholson is appointed as the NATO commander in Afghanistan.

John Nicholson

Army Lieutenant General John Nicholson has been named as the commander of the NATO forces in Afghanistan. Nicholson takes the position from US General John Campbell.

Nicholson is the US Army commander of NATO land forces currently. He has experience of working as the chief of staff of operations for the International Security Assistance Force (ISAF) and US Forces - Afghanistan, director of Pakistan and Afghanistan Coordination Cell for the Joint Staff and deputy commander - Stability of ISAF Regional Command - South.

News 20 - Viacom names CEO Philippe Dauman as Executive Chairman.

Philippe Dauman

Viacom's CEO, Philippe Dauman has been named the executive chairman on February 04, 2016. Dauman will occupy the position of founder, Sumner Redstone. Redstone has also left the executive chairman position of CBS Corps being replaced by CEO Leslie Moonves. The 92-year-old Redstone has now become the chairman emeritus of Viacom. Dauman will now serve as a Redstone trustee. It is being rumored that Dauman’s compensation will not increase with the added title.

News 21 - Rahul Dravid is now a member of Anti-Corruption Unit Oversight Group of ICC.

Rahul Dravid

Former Indian cricket player, Rahul Dravid has been named as a member of the newly formed Anti-Corruption Unit Oversight Group of International Cricket Council (ICC) on February 04, 2016. ICC Chairman Shashank Manohar took this decision in a meeting at ICC Headquarters in Dubai. Apart from Dravid, as a member, this group will have a Chairman, two members and two ex-officio members. The team will provide independent input to tackle corruption and its implementation.

News 22 - World Bank expert Parameshwaran Iyer is appointed to lead the Swachh Bharat Mission.

Parameshwaran Iyer

World Bank's water and sanitation specialist, Parameshwaran Iyer, has been named as the new Secretary of the Drinking Water and Sanitation Department in Swachh Bharat Mission on February 04, 2016. Prime Minister Narendra Modi allotted the post for a period of two years. Iyer, an IAS officer of the UP cadre, had launched Jal Suraj program in India. He had taken voluntary retirement in 2009 and joined the World Bank.

News 23 - Indian Origin Singaporean, Vishal Mehta is the Diamond Trade Body’s New President.

Vishal Mehta

A 34-year-old Indian-origin businessman based in Singapore, Vishal Mehta, was appointed as the President of the newly-formed International Grown Diamond Association (IGDA) on February 06, 2016. Mehta is the CEO of Singapore-based IIa Technologies. This firm grows diamond in its state-of-the-art facility. IGDA is a platform of more than 10 leading grown diamond producers, distributors and retailers across the world under the same umbrella.

News 24 - Soumitra Dutta appointed as Dean of Cornell's New Business College.

Soumitra Dutta

It was announced on February 05, 2016 that Indian origin academician, Soumitra Dutta, will become the dean of the prestigious Cornell University's new College of Business. The institute will start with in the academic year 2016-17. Dutta is an alumnus of the IT-Delhi. He is the current dean and professor of management and organizations in the Samuel Curtis Johnson Graduate School of Management at the Cornell University. His work has been widely published in the Harvard Business Review, European Management Journal, Management Science, and other journals.

News 25 - Brijbhushan Sharan Singh Appointed as the President of SAWF.

Brijbhushan Sharan Singh

Wrestling Federation of India (WFI) chief, Brijbhushan Sharan Singh is named the president of the South Asian Wrestling Federation (SAWF) on February 08, 2016. Tabiur Rehman of Bangladesh was also elected the Secretary General. The federation has unanimously authorized Mr. Singh to appoint one Joint Secretary from India and a Treasurer from Afghanistan and one executive member from each of the SAF (South Asia Foundation) countries. These include Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.

News 26 - R.K. Pachauri Appointed as Executive Vice Chairman and Ajay Mathur as New DG of TERI.

R.K. Pachauri

TERI Chief, RK Pachauri was on February 08, 2016 appointed as the Executive Vice Chairman of the organization after the new Director General Ajay Mathur took over the charge from him. Pachauri headed TERI works in sustainable development, energy and climate change. He has been involved with TERI for the past 35 years. Mathur is a former Director General of Bureau of Energy Efficiency, under the Power Ministry. The post of Executive Vice Chairman has been recently created and Dr. Pachauri will be the first to hold the post.

News 27 - Harinder Sidhu is the new Australian High Commissioner to India.

Harinder Sidhu

Indian-origin Harinder Sidhu has been appointed as the nation's new High Commissioner to India by the Department of Foreign Affairs and Trade, Australia on February 11, 2016. Sidhu, has worked in Moscow and Damascus and will replace Patrick Suckling. Australian foreign affairs minister, Julie Bishop on the occasion said that India is one of Australia's closest and most significant partners in the Indo-Pacific region. She holds a Bachelor of Laws and a Bachelor of Economics degrees from the University of Sydney.

News 28 - R K Verma - The New Secretary of Railway Board.

R K Verma

Mr. R K Verma has assumed the charge as Secretary, Railway Board on February 09, 2016. He is a 1980 batch officer of Indian Railway Services of Engineers. Verma was an Adviser (Public Grievance) to the Minister of State (MoS) for Railways earlier. He also has Life Fellowship of the Institution of Engineers (India), Institution of Permanent Way Engineers (India) and the Indian Institute of Bridge Engineers as well. He has also undergone first hand training in the Heavy Haul Operations in South Africa.

News 29 - Tamar Hahn is appointed as the Director of UN Information Center.

Tamar Hahn

United Nations Secretary-General, Ban Ki-moon on February 10, 2016 appointed Tamar Hahn as the Director of United Nations Information Centre in Buenos Aires. Hahn was engaged as the Regional Adviser for Resource Mobilization and Partnerships at the United Nations Population Fund (UNFPA) Regional Office in Panama City, Panama. She is fluent in English, Spanish and Hebrew. Ms. Hahn holds a master’s degree in Journalism and Latin American studies from New York University, and a bachelor’s degree in political science from the University of Tel Aviv in Israel.

News 30 - Ashok Bhargava is re-appointed as the Chairman of Indian Tea Association.

Ashok Bhargava

Ashok Kumar Bhargava has been re-appointed on February 05, 2016 as the Chairman of the Indian Tea Association. He will also be the chairman of Consultative Committee of Plantation Associations (CCPA). Bhargava is the Managing Director of Apeejay Tea Limited. Further, Azam Monem, Director, McLeod Russel India Limited and Vivek Goenka, President, Warren Tea Limited have also been re-elected as the Vice Chairman and the Additional Vice-Chairman of the association respectively.

News 31 - Lawyer Davinder Singh is appointed as the Vice Chairman of ICC.

Davinder Singh

A top Indian origin lawyer, Davinder Singh on February 11, 2016 has been named as Vice-Chairman of the Paris based International Chamber of Commerce Commission (ICC) on Corporate Responsibility and Anti-corruption. Mr Singh, a member of parliament from 1988-2006 and chief executive of the local law firm Drew & Napier, is appointed to the leadership of one of 13 policy commissions under the ICC, which forges international rules, mechanisms and standards used across the globe.

News 32 - Ashok Chawla is appointed as the Chairman of TERI.

Ashok Chawla

TERI's governing council appointed Ashok Chawla on February 12, 2016 as its new Chairman. Mr Chawla is by career a bureaucrat and a former finance secretary, who last month retired as the Chief of Fair Trade Regulator Competition Commission, as the new Chairman of its Governing Council. He has said that he has had a preliminary discussion with Teri Director General Ajay Mathur on having an external ombudsman to help address issues faced by employees.

News 33 - Piruz Khambatta is named as the ambassador of Make in India initiative.

Piruz Khambatta

Rasna's Chairman, Piruz Khambatta was recently named the ambassador of the government's 'Make in India' initiative on February 13, 2016. The company, Rasna, said it will support entrepreneurs, who wish to develop plants in India to manufacture food products. Rasna is the leader in the concentrated drinks category and the largest manufacturers of instant powder in the world. They have been a stellar example of an outstanding “Made in India” global iconic brand. Rasna has a 90% market share and actually owns the category.

News 34 - Sri Srinivasan - The 1st Indian American Judge of the US Supreme Court.

Sri Srinivasan

It was announced on February 14, 2016 that Sri Srinivasan will be the first Indian-American Judge of the US Supreme Court to replace Justice Antonin Scalia after his unexpected death. Srinivasan is originally from a village near Tamil Nadu's Tirunelveli. He is 48 years old and was born in Chandigarh. He has served on the U.S. Court of Appeals for the District of Columbia Circuit since he was confirmed on a 97-0 bipartisan vote in the U.S. Senate in May 2013. Republican senators who supported him then would likely be asked to justify why they couldn't back him for the Supreme Court.

News 35 - Prof. Yogesh Tyagi - New Vice Chancellor of the Delhi University.

Yogesh Tyagi

President Pranab Mukherjee appointed Yogesh Tyagi, dean of the law faculty at South Asian University (SAU), on February 15, 2016 as the new Vice Chancellor of Delhi University (DU).

The HRD ministry had forwarded a panel of four names to the President, who is the Visitor of all Central Universities, to make the final selection. Other contenders for this post were Professor R N K Bamezai of JNU, Bidyut Chakrabarty of DU and UPSC member Hemchandra Gupta.

News 36 - U.K. Sinha gets Extension as the SEBI Chairman.

U.K. Sinha

Mr. UK Sinha will remain India's capital and commodities market regulator for one more year. The government on February 15, 2016 extended Sinha's term as the chairman of Securities and Exchange Board of India (Sebi) till March 01, 2017.

His extension was approved by the appointments committee of the cabinet, headed by the Prime Minister Narendra Modi. Sinha is a Bihar-cadre IAS officer. He is the second-longest serving chief in SEBI’s over two-decade history after DR Mehta.

News 37 - Vilas A. Tonapi is appointed as the Director of Indian IIMR.

Vilas Tonapi

Dr. Vilas A. Tonapi is the new Director of Indian Institute of Millets Research (IIMR), Rajendranagar. He is currently the Principal Scientist at Seed Science and Technology of the IIMR. He holds a Ph.D. from Tamil Nadu Agriculture University and did his Post-Doctoral from the University of Queensland, Australia. His special attainments include Planning, development and management of crop improvement programs and strategies. He has 50 research papers to his credit in peer reviewed journals, 30 authored and edited books.

News 38 - Devaraja Reddy is the new ICAI President.

Devaraja Reddy

The CA Institute appointed a new President in M Devaraja Reddy from February 12, 2016. He is a fellow member of the Institute of Chartered Accountants of India (ICAI) with more than 28 years of involvement. Before taking this role, Mr. Reddy was the Vice-President of ICAI. Mr. Reddy is a resident of Hyderabad and a fellow member of the ICAI with more than 28 years of professional standing. He will be having this stint as the President for one year.

News 39 - RD Mathur is promoted to the rank of Air Marshal.

RD Mathur

Air Vice Marshal, Rajiv Dayal Mathur, on February 15, 2016 was promoted to the rank of Air Marshal. He was the Assistant Chief of Air Staff in charge of the Indian Air Force's Air Warfare Strategy Cell. He was also involved in the air force’s space, cyber, Air Traffic Services and Media & Public Relations Directorates. He had earlier served as Air Defence commander and commanded a frontline Air Force Station and a fighter aircraft squadron as well. For his meritorious service, he has been awarded the Vishisht Seva Medal in 2003 and Ati Vishisht Seva Medal in 2014 by the President of India.

News 40 - Alok Kumar Verma is appointed as the Delhi's new Police Commissioner.

Alok Kumar Verma

Alok Kumar Verma was appointed as Delhi's new Police Commissioner on February 17, 2016. He will replace BS Bassi with effect from March 1, 2016. The Union Ministry of Home Affairs has selected Verma from a list of three IPS officers to the Cabinet Committee on Appointments (CCA). A 1979-batch Union Territory cadre officer, 58-year-old Verma is currently serving as the Director General of Tihar Jail and will serve as the top police officer of the national capital for close to 17 months.

News 41 - Jayant Misra is appointed as the DG of DRI.

Jayant Misra

Senior IRS officer, Jayant Misra has been appointed on February 17, 2016 as the Director General of Directorate of Revenue Intelligence (DRI). He is the DG (Systems) at the Directorate General of Systems and Data Management currently. This move comes after a Special Investigation Team (SIT) asked the DRI to verify if USD 505 billion was transacted out of the country between 2004 2013 as part of trade-based money laundering. With the approval of competent authority, Jayant Misra has been transferred to DG DRI, Delhi, a government order said.

News 42 - KM Mammen is the new Chairman of ATMA.

KM Mammen

Mr. K M Mammen (CMD, MRF Ltd.) was unanimously elected as the Chairman of the Automotive Tyre Manufacturers' Association (ATMA) on February 17, 2016. Mammen will take over from Raghupati Singhania, who is also the Chairman and Managing Director of JK Tyres & Industries Ltd.

While, Satish Sharma, President (Asia Pacific, Middle East and Africa) Apollo Tyres Ltd has been elected as the Vice Chairman of this association. There are eleven tyre companies comprising Indian and international tyre majors and representing over 90% of production of tyres in India are the members of ATMA.

News 43 - Christine Lagarde to serve second term as the IMF Chief.

Christine Lagarde

Ms. Christine Lagarde, 60, was named the Managing Director of the International Monetary Fund (IMF) for a second term on February 19, 2016. Lagarde, a former French finance minister became the MD of IMF after the resignation of Dominique Strauss-Kahn. Ms. Lagarde was first appointed Managing Director on July 5, 2011. The selection process was initiated by the Board on January 20, 2016, when it adopted a merit-based and transparent process. The Managing Director is the chief of the IMF’s operating staff and Chairman of the 24-member Executive Board.

News 44 - Kalikho Pul is sworn in as the CM of Arunachal Pradesh.

Kalikho Pul

Mr. Kalikho Pul was sworn in as the state's Chief Minister by Governor J P Rajkhowa on February 19, 2016. This was done after President Pranab Mukerjee revoked the President's rule in Arunachal Pradesh. Pul met the Governor J.P Rajkhowa and staked the claim to form the government in the state. He took 31 members to Rajbhavan and he claims to have support of 19 Congress, 11 BJP and 2 independent MLS’s. Following the expulsion of two MLA’s, the strength of the state assembly is now reduced to 58.

News 45 - Amit Mitra is elected as the new chairman of empowered committee on GST.

Amit Mitra

West Bengal Finance Minister, Amit Mitra was elected on February 20, 2016 as the new Chairman of the Empowered Committee of the State Finance Ministers. The empowered committee is working with the Center to bring out the goods and services tax (GST) regime. Mr. Mitra was the Secretary General of the Federation of Indian Chamber of Commerce and Industry before he joined politics in 2011 and became a minister in the TMC government in West Bengal. The head of the Empowered Committee of State Finance Ministers has always been from an opposition ruled state.

News 46 - Shinjini Kumar to join as the CEO of Paytm's payment bank.

Shinjini Kumar

Ms. Shinjini Kumar, a Director at the research and consultancy firm PricewaterhouseCoopers (PwC) has been appointed as the chief executive officer at Paytm's payments bank. Paytm is a mobile wallet and E-commerce company, which received in-principle approval from RBI to set up a Payments bank in 2015.

Ms. Kumar, who also has had a stint at Bank of America Merrill Lynch, is expected to join the company in March as the Alibaba-backed Paytm is gearing up to start its payments bank operations after June this year. The initial plan was to start operations in the first quarter of the new fiscal, but it is now expected to be delayed slightly.

News 47 - Vinay Kumar Singh is appointed as the MD of NCRTC.

Vinay Kumar Singh

Indian Railway Officer, Vinay Kumar Singh has been appointed on February 22, 2016 as the Managing Director of National Capital Region Transport Corporation (NCRTC), which is the the implementing agency for the three corridors of the Regional Rapid Transit System (RRTS) in the NCR zone.

He was working with Rail Vikas Nigam Limited (RVNL), a railway PSU involved in the study of high speed rail corridors till now. The high-speed connectivity will facilitate seamless travel between the capital and suburbs.

News 48 - Mortaza named as the UNDP's National Goodwill Ambassador for Youth.

Mashrafe Mortaza

On February 23, 2016, Bangladesh's cricketer, Mashrafe Mortaza was appointed as the United Nations Development Program’s (UNDP) "National Goodwill Ambassador for Youth". Mortaza is the captain of Bangladesh's One-Day International and T20 international teams. According to the news reports, he had received the proposal a month ago and was extremely excited to receive the opportunity. The UN agency had said it will hold an official signing ceremony and make a formal announcement soon.

News 49 - K N Vyas is appointed as the new BARC Chief.

K N Vyas

On February 19, 2016, K N Vyas was appointed as the Director of Bhabha Atomic Research Centre (BARC), India's multi-disciplinary nuclear research center. He is a distinguished scientist and has also made notable contributions in the areas of design and development of a unique fuel. Mr. Vyas is also a recipient of the Science and Technical Excellence awards. He is currently working as the associate director at BARC, as per their website. The BARC is India’s premier nuclear research facility based in Mumbai.

News 50 - Udai Kumar is appointed as the Full Time MD and CEO of MSEI.

Udai Kumar

The Metropolitan Stock Exchange of India (formerly MCX Stock Exchange) has appointed on February 22, 2016 its interim Managing Director & CEO, Udai Kumar as their full time MD & CEO after receiving necessary approvals from the securities regulator, SEBI. He has been in the role on an interim basis since October. A veteran of the capital and financial markets, Kumar has over two decades of rich experience in stock exchange administration, capital markets, fund-raising, restructuring and merger and acquisition functions.

News 51 - Rahul Taneja is appointed as the Chief Peoples Officer of Jet Airways.

Rahul Taneja

India's 2nd largest airline, Jet Airways India Ltd named Rahul Taneja on February 23, 2016 as its Chief People Officer. He will be responsible for shaping the operations and performance of the entire group. Mr. Taneja has previously headed Corporate Human Resources at the diversified Essar Group will now be a part of the airline's Executive Management Committee. He has more than 25 years of experience in various industries and would be based at the Jet Airways' corporate headquarters which are in Mumbai and will report to the CEO.

News 52 - Justice Vineet Saran is appointed as the Chief Justice of Orissa High Court.

Vineet Saran

President Pranab Mukherjee has appointed Justice Vineet Saran as the new Chief Justice (CJ) of Orissa High Court on February 21, 2016. His appointment was made under the provisions of Article 217 of Constitution. Prior to his present appointment, Justice Saran was officiating as a senior judge of Karnataka High Court.

The post of Orissa Chief Justice was lying vacant ever since Justice D. H. Waghela took over as the CJ of Bombay High Court on February 15th. Justice Saran graduated from the Allahabad University in 1976 and obtained his LL.B. Degree in year 1979-80.

News 53 - Rajendra Singh is Appointed as the First Non-Navy Officer to Head Coast Guard.

Rajendra Singh

Mr. Rajendra Singh was appointed as the first non-navy officer to head the Coast Guard on February 24, 2016. The force will get a chief from its own internal cadre for the first time, since it was set up in 1978 as the country's fourth armed force after the Army. Rajinder Singh is currently additional director general of the Coast Guard. A 1980 batch officer, he was the first from the Coast Guard cadre to be elevated to three-star officer when the defence ministry approved his appointment to his current post in in 2013.

News 54 - Gianni Infantino is elected as the new FIFA President.

Gianni Infantino

On February 26, 2016 Swiss National, Gianni Infantino overtook Sepp Blatter as the president of the World football governing body, FIFA. Infantino polled 115 votes, 27 more than closest rival, Sheikh Salman bin Ebrahim al-Khalifa, who received second highest votes. Infantino becomes just the third Fifa president in 40 years personified by Blatter and his Brazilian predecessor João Havelange, during which Fifa’s revenues soared but scandals involving World Cup tickets, TV rights and corrupt bidding races multiplied.

News 55 - Jonathon Sinclair Neal is appointed as the CEO of AAE Travel.

Jonathon Sinclair Neal

Expedia, the online travel company has appointed Jonathon Sinclair Neal on February 24, 2016 as the Chief Executive Officer of AAE Travel. This AAE Travels is the joint venture between AirAsia and Expedia Inc. Jonathon will be located in Singapore. Prior to assuming his current role, Jonathon was the Chief Financial Officer of AAE Travel, where he was responsible for all aspects of finance as well as corporate strategy and business analytics. AirAsiaExpedia is the joint venture company between the world's leading online travel company, Expedia Inc. and the world's best low cost airline, AirAsia.

News 56 - Justice Dinesh Maheshwari is appointed as the Chief Justice of Meghalaya High Court.

Dinesh Maheshwari

On February 24, 2016, Justice Dinesh Maheshwari has been selected as the Chief justice of the Meghalaya High Court. Before this appointment, he was a senior judge in the Allahabad High Court. The Governor V Shanmuganathan administered the oath of office to the Chief Justice at a ceremony in Raj Bhavan, where Chief Minister Mukul Sangma and his cabinet colleagues, judges and government officials were also present. He Graduated in Law from the Jodhpur University in year 1980.

News 57 - Ashwini Nangia becomes the Director of CSIR-National Chemical Lab, Pune.

Ashwini Nangia

On February 24, 2016, Ashwini Nangia became the Director of the CSIR-National Chemical Laboratory, Pune. He is an alumnus of the IIT Kanpur. After his Ph.D. (1988), he worked in NOCIL Agrochemicals R&D Centre, Navi Mumbai for a year, and then joined the University in 1989. He is a JC Bose National Fellow, Elected Fellow of the Royal Society of Chemistry, London, Indian Academy of Sciences, Bangalore, Indian National Science Academy, New Delhi, according to a release from the UoH.

News 58 - USL appoints MK Sharma as their new Chairman.

MK Sharma

The Diageo-Controlled United Spirits Limited (USL) has announced on February 26, 2016 the appointment of MK Sharma as its new chairman. This occurred after Vijay Mallya resigned from the post. Vijay Mallya will have the honorary title of founder emeritus, USL.

The USL is now controlled by the world’s largest spirits maker, Diageo, which had acquired an additional 26% stake in USL for Rs 11,448.91 crores in July to take its total share in the Indian firm to 54.78%.

News 59 - Ratan Tata to Head Indian Railways’ Innovation Committee.

Ratan Tata

Suresh Prabhu, Minister of Railway has announced on February 25, 2016 that Ratan Tata will head the Indian Railway Innovation Committee. In 2016-2017, Prabhu had announced plans to set up a dedicated cross functional team called Special Unit for Transportation Research and Analytics (Sutra). The Ministry has set aside a sum of Rs 50 crores for providing innovation grants to employees, start-ups and growth oriented small businesses to support internal and external innovation. A program management structure will be put in place to manage this initiative.



Advertisements
E-Books Store